427 Ascauga Lake RoadGranitevilleSC29829
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Graniteville at 427 Ascauga Lake Road, Graniteville, SC, 29829 offers a 8.1% rental yield on a $229,900 purchase with $1,552/mo rent. Total monthly income registers $1,552/mo, and a $1,125/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,204/yr on $76,212 to close, and return on cash invested stands at 22.8% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 118.06% and total cumulative return in cash at $89,975. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,552/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29829, Graniteville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,895 (100%) |
| Owner Occupied HU | 4,094 (69.4%) |
| Renter Occupied HU | 1,163 (19.7%) |
| Vacant Housing Units | 638 (10.8%) |
| Median Home Value | $252,865 |
| Average Home Value | $251,090 |
Housing Distribution
Address Breakdown
Residential
5,888
Single Family
5,888
Multi-Family
0
Businesses
205
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Listed by: Tiffany Justice • JT REALTY
Mls Name: Hive MLS
Mls ID: #550454